Tennessee insurance programs face changes as ACA takes effect
Updated On: Sep 30 2013 04:31:20 PM CDT
Some state-sponsored insurance programs in the Volunteer State are shutting down, or limiting enrollment, as the Affordable Care Act's health exchanges go online.
News 5 has learned, the changes will affect more than 28,000 Tennessee residents who are enrolled in programs like CoverKids, CoverTN, AccessTN, and CoverRX.
According to the Tennessean, the 16,000 people enrolled in CoverTN have already been notified it will end December 31st. Many families have also been notified they will no longer be able to buy into CoverKids, and letters are going out this week to people covered by AccessTN and CoverRX.
Beginning on Tuesday, people losing coverage will be able to shop for new policies through the Health Insurance Marketplace. The exchange offers subsidies toward lowering premium costs, but some people may not qualify for those subsidies.
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